Forex Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Hong Kong Dollar/Argentine Peso (FOREX:HKDARS)
Strong Uptrend (+100) - HKDARS is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HKDARS continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HKDARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for HKDARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HKDARS
The long-term trend has been UP since Dec 11th, 2020 at 10.599720
The intermediate-term trend has been UP since Nov 15th, 2023 at 44.927263
The short-term trend has been UP since Nov 28th, 2023 at 46.094480
Smart Scan Analysis for HKDARS
Based on our trend formula, HKDARS is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).